83 Rockledge Rd Unit 1A · Hartsdale, NY 10530

$283,000

1 bd · 1.0 ba · 950 sqft · Condo · 28 Days on market

Built 1950

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.7/30.0
• DSCR +8.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.4/10.0
• Schools +4.9/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This spacious well-maintained ground floor apartment in downtown Hartsdale is your key to convenient living! It offers great storage and generously sized rooms, including a windowed bonus room, perfect for a home office. Good location in the complex with laundry just downstairs. No need for a commuter parking permit, as it's less than a 10 minute walk to the Hartsdale Metro North Train Station. Ideally situated near the downtown shops and restaurants, with quick access to the Bronx River pathway to hike, bike, and explore beautiful Westchester! For a video walk-through, go here: https://dashboard.videolicious.com/watch/2kSITRWIAwuZuM Additional Information: HeatingFuel:Oil Above Ground,

Key facts

• Quartz countertops
• Junior 4 co-op
• Landscaped grounds

Tags

• JUNIOR 4 CO-OP
• BONUS ROOM
• WINDOWED KITCHEN
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• LANDSCAPED GROUNDS

Property features AI

Finance

• HOA & community: Association: Douglas Elliman; Community amenities include park, playground, and pool; Association fees cover exterior maintenance, grounds care, heat, hot water, pool service, sewer, snow removal, and trash

Exterior

• Parking: 1 parking space (unassigned/other); 1 garage space
• Utilities: Electric service by Con-Edison; Public sewer; Public trash collection
• Home design: Stock cooperative; Estimated condition; Two-story building (unit entry level is 1); Located on the first floor
• Construction: Brick construction
• Exterior features: Brick exterior; In-ground pool; Near public transit; Near shops; Near schools

Interior

• Kitchen: Dishwasher; Gas range; Refrigerator; Stainless steel appliances
• Bedrooms: Bedroom on the first floor
• Bathrooms: 1 full bathroom
• Heating & cooling: Oil heat; Radiant heat; Wall/window air conditioning units
• Interior features: First-floor bedroom; First-floor full bath; Entrance foyer; Galley kitchen; Quartz/Quartzite counters; Dining area; Home office; Library/den; No attic; No basement
• Laundry & utility: Common area laundry; Laundry room

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $283k.

Deal economics

• At list price, monthly cash flow is $594 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $283k).
• Recommended offer: $279k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 5.8% in Hartsdale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#94 in NY, #1,430 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, cost of living F.
• Greenburgh Central School District (suburban): math 51% / reading 55% proficiency, ranked #267 of 590 in NY (top 45%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Early Childhood Program (128 students, 0% FRL); Woodlands Middle/High School (math 62% / reading 52%, grade C, #887 of 1,100 statewide, top 82%, 681 students, 66% FRL).
• Market conditions: 156 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($279k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 15y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $189k; 50% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $278,755 (1.5% below list)

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.14% ✓
• Cap rate: 8.81%
• Cash-on-cash: 8.99%
• DSCR: 1.40
• GRM: 7.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -2.7%
• Equity multiple: 0.90×
• Total profit: $-7,995
• Equity at exit: $42,196

10-year hold

• IRR: 7.0%
• Equity multiple: 1.53×
• Total profit: $41,928
• Equity at exit: $24,469

Cash invested: $79,240 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 10530

• Active inventory: 156
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $3,227 high
• Mortgage (P&I): −$1,484
• Tax est. 1.5%: −$354 /mo · $4,245/yr
• Insurance: −$118
• HOA: −$0
• Vacancy / Maint / Mgmt: −$678
• Net cashflow: $594

Break-even live

Break-even rent $2,476

Max offer price $283,000

Occupancy floor 77%

Sensitivity live

Price	-10% $789	-5% $692	+0% $594	+5% $496	+10% $398
Rent	-10% $339	-5% $466	+0% $594	+5% $721	+10% $849
Rate	-1.0pp $736	-0.5pp $666	base $594	+0.5pp $520	+1.0pp $446

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $70,750
• Closing costs: $8,490
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
140 E Hartsdale Ave Hartsdale, NY	2.0	1.0	875	$2,895	$3.31	22d	1	0.06mi
250 S Central Ave Apt 3I Hartsdale, NY	2.0	1.0	1000	$4,350	$4.35	44d	1	0.48mi
250 Central Park Ave Unit 5I Hartsdale, NY	2.0	1.0	1000	$4,550	$4.55	18d	1	0.50mi
250 S Central Ave Hartsdale, NY	1.0–2.0	1.0–2.0	1084	$3,000	$2.77	0d	1	0.50mi
55 Fieldstone Dr Unit 69 Hartsdale, NY	1.0	1.0	800	$2,100	$2.62	12d	1	1.13mi
55 McKinley Ave Unit D2-3 White Plains, NY	1.0	1.0	809	$2,400	$2.97	44d	1	1.39mi
400 High Point Dr Unit 206 Hartsdale, NY	1.0	1.0	987	$3,300	$3.34	44d	1	1.39mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 45 events

1. 2026-06-18
   days on market $283,000 Active 28 DOM
2. 2026-06-17
   days on market $283,000 Active 27 DOM
3. 2026-06-16
   days on market $283,000 Active 26 DOM
4. 2026-06-15
   days on market $283,000 Active 25 DOM
5. 2026-06-13
   days on market $283,000 Active 23 DOM
6. 2026-06-13
   days on market $283,000 Active 22 DOM
7. 2026-06-09
   days on market $283,000 Active 19 DOM
8. 2026-06-08
   days on market $283,000 Active 18 DOM
9. 2026-06-07
   days on market $283,000 Active 17 DOM
10. 2026-06-04
    days on market $283,000 Active 14 DOM
11. 2026-06-03
    days on market $283,000 Active 13 DOM
12. 2026-06-02
    days on market $283,000 Active 12 DOM
13. 2026-06-01
    days on market $283,000 Active 11 DOM
14. 2026-05-31
    days on market $283,000 Active 10 DOM
15. 2026-05-21
    listed $283,000 Active
16. 2020-08-21
    soldstatus $189,000 Closed 696-char remark

    Show marketing remark (696 chars)

    This spacious well-maintained ground floor apartment in downtown Hartsdale is your key to convenient living! It offers great storage and generously sized rooms, including a windowed bonus room, perfect for a home office. Good location in the complex with laundry just downstairs. No need for a commuter parking permit, as it's less than a 10 minute walk to the Hartsdale Metro North Train Station. Ideally situated near the downtown shops and restaurants, with quick access to the Bronx River pathway to hike, bike, and explore beautiful Westchester! For a video walk-through, go here: https://dashboard.videolicious.com/watch/2kSITRWIAwuZuM Additional Information: HeatingFuel:Oil Above Ground,

17. 2020-05-29
    status Pending 696-char remark

    Show marketing remark (696 chars)

    This spacious well-maintained ground floor apartment in downtown Hartsdale is your key to convenient living! It offers great storage and generously sized rooms, including a windowed bonus room, perfect for a home office. Good location in the complex with laundry just downstairs. No need for a commuter parking permit, as it's less than a 10 minute walk to the Hartsdale Metro North Train Station. Ideally situated near the downtown shops and restaurants, with quick access to the Bronx River pathway to hike, bike, and explore beautiful Westchester! For a video walk-through, go here: https://dashboard.videolicious.com/watch/2kSITRWIAwuZuM Additional Information: HeatingFuel:Oil Above Ground,

18. 2020-05-06
    listed $189,000 Active 696-char remark

    Show marketing remark (696 chars)

    This spacious well-maintained ground floor apartment in downtown Hartsdale is your key to convenient living! It offers great storage and generously sized rooms, including a windowed bonus room, perfect for a home office. Good location in the complex with laundry just downstairs. No need for a commuter parking permit, as it's less than a 10 minute walk to the Hartsdale Metro North Train Station. Ideally situated near the downtown shops and restaurants, with quick access to the Bronx River pathway to hike, bike, and explore beautiful Westchester! For a video walk-through, go here: https://dashboard.videolicious.com/watch/2kSITRWIAwuZuM Additional Information: HeatingFuel:Oil Above Ground,

19. 2015-03-24
    price $164,500 538-char remark

    Show marketing remark (538 chars)

    If we could call this a 2 Bedroom, we would!! True Junior 4 with possible 2nd bedroom/Den/Nursery. Great value for 960 sq ft. NEW kitchen, new bath, hardwood floors, new carpet, appliances are 1 year old, good closet space, laundry in building basement with additional storage, 2 parking spots and pool in MM. Commuters delight with a 5 minute short walk to Metro North and Village, you can sit out and BBQ, enjoy the greenery and birds with 2 pools (Adult & Children's). Star deduction is $1,200/year, assessment is $37 for 1 year.

20. 2015-03-24
    soldstatus $164,500 Sold 538-char remark

    Show marketing remark (538 chars)

    If we could call this a 2 Bedroom, we would!! True Junior 4 with possible 2nd bedroom/Den/Nursery. Great value for 960 sq ft. NEW kitchen, new bath, hardwood floors, new carpet, appliances are 1 year old, good closet space, laundry in building basement with additional storage, 2 parking spots and pool in MM. Commuters delight with a 5 minute short walk to Metro North and Village, you can sit out and BBQ, enjoy the greenery and birds with 2 pools (Adult & Children's). Star deduction is $1,200/year, assessment is $37 for 1 year.

21. 2015-03-24
    soldstatus $164,500

    Show marketing remark (538 chars)

    If we could call this a 2 Bedroom, we would!! True Junior 4 with possible 2nd bedroom/Den/Nursery. Great value for 960 sq ft. NEW kitchen, new bath, hardwood floors, new carpet, appliances are 1 year old, good closet space, laundry in building basement with additional storage, 2 parking spots and pool in MM. Commuters delight with a 5 minute short walk to Metro North and Village, you can sit out and BBQ, enjoy the greenery and birds with 2 pools (Adult & Children's). Star deduction is $1,200/year, assessment is $37 for 1 year.

22. 2015-03-03
    historical Pending 538-char remark

    Show marketing remark (538 chars)

    If we could call this a 2 Bedroom, we would!! True Junior 4 with possible 2nd bedroom/Den/Nursery. Great value for 960 sq ft. NEW kitchen, new bath, hardwood floors, new carpet, appliances are 1 year old, good closet space, laundry in building basement with additional storage, 2 parking spots and pool in MM. Commuters delight with a 5 minute short walk to Metro North and Village, you can sit out and BBQ, enjoy the greenery and birds with 2 pools (Adult & Children's). Star deduction is $1,200/year, assessment is $37 for 1 year.

23. 2015-03-03
    price $174,900 538-char remark

    Show marketing remark (538 chars)

    If we could call this a 2 Bedroom, we would!! True Junior 4 with possible 2nd bedroom/Den/Nursery. Great value for 960 sq ft. NEW kitchen, new bath, hardwood floors, new carpet, appliances are 1 year old, good closet space, laundry in building basement with additional storage, 2 parking spots and pool in MM. Commuters delight with a 5 minute short walk to Metro North and Village, you can sit out and BBQ, enjoy the greenery and birds with 2 pools (Adult & Children's). Star deduction is $1,200/year, assessment is $37 for 1 year.

24. 2015-02-14
    status Active 538-char remark

    Show marketing remark (538 chars)

    If we could call this a 2 Bedroom, we would!! True Junior 4 with possible 2nd bedroom/Den/Nursery. Great value for 960 sq ft. NEW kitchen, new bath, hardwood floors, new carpet, appliances are 1 year old, good closet space, laundry in building basement with additional storage, 2 parking spots and pool in MM. Commuters delight with a 5 minute short walk to Metro North and Village, you can sit out and BBQ, enjoy the greenery and birds with 2 pools (Adult & Children's). Star deduction is $1,200/year, assessment is $37 for 1 year.

25. 2014-12-04
    historical Pending 538-char remark

    Show marketing remark (538 chars)

    If we could call this a 2 Bedroom, we would!! True Junior 4 with possible 2nd bedroom/Den/Nursery. Great value for 960 sq ft. NEW kitchen, new bath, hardwood floors, new carpet, appliances are 1 year old, good closet space, laundry in building basement with additional storage, 2 parking spots and pool in MM. Commuters delight with a 5 minute short walk to Metro North and Village, you can sit out and BBQ, enjoy the greenery and birds with 2 pools (Adult & Children's). Star deduction is $1,200/year, assessment is $37 for 1 year.

26. 2014-10-09
    listed $174,900 Active 538-char remark

    Show marketing remark (538 chars)

    If we could call this a 2 Bedroom, we would!! True Junior 4 with possible 2nd bedroom/Den/Nursery. Great value for 960 sq ft. NEW kitchen, new bath, hardwood floors, new carpet, appliances are 1 year old, good closet space, laundry in building basement with additional storage, 2 parking spots and pool in MM. Commuters delight with a 5 minute short walk to Metro North and Village, you can sit out and BBQ, enjoy the greenery and birds with 2 pools (Adult & Children's). Star deduction is $1,200/year, assessment is $37 for 1 year.

27. 2014-10-09
    listed $174,900

    Show marketing remark (538 chars)

    If we could call this a 2 Bedroom, we would!! True Junior 4 with possible 2nd bedroom/Den/Nursery. Great value for 960 sq ft. NEW kitchen, new bath, hardwood floors, new carpet, appliances are 1 year old, good closet space, laundry in building basement with additional storage, 2 parking spots and pool in MM. Commuters delight with a 5 minute short walk to Metro North and Village, you can sit out and BBQ, enjoy the greenery and birds with 2 pools (Adult & Children's). Star deduction is $1,200/year, assessment is $37 for 1 year.

28. 2013-11-22
    historical
29. 2013-11-22
    historical
30. 2013-11-06
    status Active
31. 2013-10-15
    historical
32. 2013-06-29
    listed Active
33. 2013-06-29
    listed $187,000
34. 2012-11-12
    historical
35. 2012-11-11
    historical
36. 2012-09-12
    price
37. 2012-08-13
    price
38. 2012-07-10
    price
39. 2012-06-21
    price
40. 2012-05-26
    price
41. 2012-05-11
    listed Active
42. 2012-05-11
    listed $165,000
43. 2012-04-01
    historical
44. 2011-11-08
    price
45. 2011-10-06
    listed Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $38,726
• − Mortgage interest: −$15,852
• − Property taxes: −$4,245
• − Insurance: −$1,415
• − Repairs & maintenance: −$3,098
• − Management: −$3,098
• − Depreciation: −$8,233
• Taxable income: $2,785
• Est. tax owed @ 24.0%: −$668
• After-tax cash flow: $6,456/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Greenburgh Central School District
• NCES district ID: 3612720
• Math proficiency: 51% ▲ 4.00%
• Reading proficiency: 55% ▲ 5.00%
• Median HH income: $93,626
• Composite: 49.43/100
• National rank: #2005
• State rank: #267 of 590 in NY

Livability — Hartsdale

• Score: 81/100
• State rank: #94
• US rank: #1430

Category grades

Amenities F Commute A Cost of living F Crime A+ Employment A+ Housing A+ Health & safety B- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hartsdale, NY
• Population (ZIP): 13,955

Population outlook (Westchester County) Hauer SSP2

• Today (2025): 1,028,035 people
• By 2030: 1,051,636 · +2.3%
• By 2040: 1,098,520 · +6.9%
• By 2050: 1,136,044 · +10.5%
• By 2075: 1,196,925 · +16.4%
• By 2100: 1,175,147 · +14.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 12% Asian 10% Two or more races 9% Black 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Dominican 2%
• Common ancestry: Romanian 9% Scotch-Irish 5% Italian 2%
• Foreign-born: 23% · Canada, China, South Korea
• Languages at home: 71% English-only · Spanish 9% Other Indo-European 6% Russian/Polish/Slavic 5%

Political lean MEDSL · Westchester

• 2024 margin: Strong D (+26.3) · D 63.1% · R 36.9%
• 2008→2024 swing: -1.3pp toward R · 2008: 27.6pp · 2024: 26.3pp
• All cycles: 2024: D+26.3 2020: D+36.3 2016: D+32.8 2012: D+22.2 2008: D+27.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -616.16%
• Current HPI: 320.7324
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+71.5% since first listed

31 events — show timeline

• 2026-05-21 Listed $283,000 OneKey® MLS as Distributed by MLS Grid
• 2020-08-21 Sold (MLS) $189,000 OneKey® MLS as Distributed by MLS Grid
• 2020-05-29 Pending — OneKey® MLS as Distributed by MLS Grid
• 2020-05-06 Listed $189,000 OneKey® MLS as Distributed by MLS Grid
• 2015-03-24 Sold (MLS) $164,500 HGMLS
• 2015-03-24 Price Changed $164,500 HGMLS
• 2015-03-24 Sold (MLS) $164,500 OneKey® MLS as Distributed by MLS Grid
• 2015-03-03 Contingent — HGMLS
• 2015-03-03 Price Changed $174,900 HGMLS
• 2015-02-14 Relisted — HGMLS
• 2014-12-04 Contingent — HGMLS
• 2014-10-09 Listed $174,900 HGMLS
• 2014-10-09 Listed $174,900 OneKey® MLS as Distributed by MLS Grid
• 2013-11-22 Delisted — HGMLS
• 2013-11-22 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2013-11-06 Relisted — HGMLS
• 2013-10-15 Delisted — HGMLS
• 2013-06-29 Listed — HGMLS
• 2013-06-29 Listed $187,000 OneKey® MLS as Distributed by MLS Grid
• 2012-11-12 Delisted — HGMLS
• 2012-11-11 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2012-09-12 Price Changed — HGMLS
• 2012-08-13 Price Changed — HGMLS
• 2012-07-10 Price Changed — HGMLS
• 2012-06-21 Price Changed — HGMLS
• 2012-05-26 Price Changed — HGMLS
• 2012-05-11 Listed — HGMLS
• 2012-05-11 Listed $165,000 OneKey® MLS as Distributed by MLS Grid
• 2012-04-01 Delisted — HGMLS
• 2011-11-08 Price Changed — HGMLS
• 2011-10-06 Listed — HGMLS